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Article: The Bon-Ton Stores, Inc. Announces Second Quarter Fiscal 2008 Results.(Financial report)
- Article from:
- Business Wire
- Article date:
- August 21, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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-Loss of $1.29 Per Share, Excluding a Non-Cash Goodwill Impairment Charge of $0.72 Per Share-
-Second Quarter Net Loss Totals $2.01 Per Share-
-Excess Borrowing Capacity Above Prior Year-
YORK, Pa. -- The Bon-Ton Stores, Inc. (NASDAQ: BONT) today reported results for the second quarter of fiscal 2008 ended August 2, 2008.
For the thirteen-week period ended August 2, 2008, the Company reported a net loss of $33.8 million, or $2.01 per diluted share, including a $17.8 million non-cash pre-tax goodwill impairment charge, or $0.72 per diluted share, compared with a net loss of $15.0 million, or $0.91 per diluted share, for the thirteen-week ...